Amadeusz Juskowiak

Japan february reserves record 5173 billion dlrs

Japans external reserves rose to a record 5173 billion dlrs at the end of February from the previous record of 5146 billion at endJanuary the Finance Ministry said

EndFebruary reserves last year were 2758 billion dlrs

In January the nations foreign reserves showed the largestever monthly increase at 922 billion dlrs due to massive Bank of Japan dollar buying intervention during the month as the dollar fell briefly to an alltime low of 14998 yen on January 19 foreign exchange dealers said